Holding(s) in Company

RNS Number : 0821S

Cambria Africa PLC

19 September 2014

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Cambria Africa plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights					X
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Contrarian Capital Management,  L.L.C.
4. Full name of shareholder(s)  (if different from 3.):iv		CCM Pension - A, L.L.C. - 293,360 CCM Pension - B, L.L.C.- 42,644 CCM Pension - C, L.L.C  - 107,887 Contrarian Capital Fund I, L.P  - 2,639,967 Contrarian Capital Trade Claims, L.P  - 224,818 Permal Contrarian Fund I Limited  - 309,361 Contrarian Capital Senior Secured, L.P. - 231,530 Contrarian Advantage -B, LP - 185,433
5. Date of the transaction and date on which the threshold is crossed or reached: v		29 August 2014
6. Date on which issuer notified:		4 September 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		4%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary 0.01p IM00B28CVH58

4,035,000

4,035,000

4,035,000

4,035,000

0

3.86%

0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,035,000

3.86%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Contrarian Capital Management, L.L.C. is investment manager of each of the fund entities named in 4 above.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Gina Scianni
15. Contact telephone number:	[phone]

 

END

 

 

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